Futures rebound, metals soar, Powell speaks.

In today's Your Need to Know, we cover the latest market movements as futures rise despite the U.S. holiday. We also discuss the notable surge in precious metals and crude oil, and highlight the upcoming economic calendar. The main event will be Jerome Powell's speech at the National Association of Business Economists annual meeting where he will receive the Adam Smith Award. Looking ahead, we preview the start of earnings season with major financial firms reporting, and review key data from the U.S., U.K., Germany, and China.